Compressed air treatment equipment market research report by 2020 to 2026

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Compressed air treatment equipment market trends
research and projections for 2020- 2026

• A research study conducted by Global Market
  Insights, Inc., suggests that compressed air
  treatment equipment market is likely to exceed
  the 12.8 billion mark by 2026, in terms of
  revenue.
• Highly pure form of compressed air has found a
  multitude of applications in the healthcare and
  food beverage industries. Research
  development activities are increasing in the
  healthcare industry, which has multiplied
  applications of the product.
• Compressed air treatment equipment is used in
  dental applications as well for powering dental
  tools and dental milling machines. Numerous
  applications in various industries are expected
  to spur compressed air treatment equipment
  industry growth in the ensuing years.

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• Myriad usage across many industries, such as
  healthcare, manufacturing, and food beverage
  will stimulate compressed air treatment equipment
  market trends. Several industries are witnessing
  an increase in demand for treated compressed air.

• The food and beverage industry is a major end
  user of the market, which utilizes compressed air
  to cool and freeze products. In the food
  beverage industry, consumption of compressed air
  is likely to surge owing to the consolidating
  trend of maintenance of a healthy lifestyle.

• Compressed air treatment equipment has found a
  variety of applications in the food beverage
  industry owing to the massive consumption of
  contamination-free compressed air in several
  operations, such as nitrogen generation,
  pelleting packaging, and cooling freezing
  products.

• The other product segment of compressed air
  treatment equipment industry consists of drain
  traps, condensate treatment equipment purifiers,
  etc. As per estimates, the other product segment
  is likely to account for more than 750 million
  by 2026.

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• Regional Analysis

• Elaborating on the regional contribution, North
  America is expected to emerge as a key compressed
  air treatment market. The region houses several
  leading manufacturing and food beverage
  industry participants, which generates massive
  demand for compressed air treatment equipment. In
  addition, a series of investments directed
  towards the advancement of the healthcare
  industry is anticipated to fuel compressed air
  treatment equipment industry demand. North
  America compressed air treatment equipment
  industry is anticipated to register a 5.5 CAGR
  over 2020-2026.

• Competitive Analysis

• Some of the notable compressed air treatment
  equipment industry players include Donaldson
  Company, Inc., Gardner Denver, Kaeser, Sullair,
  Sullivan-Palatek, Atlas Copco, Beko Technologies
  Corp., and Boge Compressors. A few more eminent
  business participants are Emerson Climate
  Technologies, Inc., CompAir Holdings Ltd.,
  Precision Filtration Products, Seneca Companies,
  Quincy Compressor, SMC Corporation, etc.

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